NEWS: A digest of aerospace, defense and technology news from the Gulf Coast I-10 region

Tuesday, July 31, 2018

Contract: Lockheed, $171.7M

Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded a $171,705,115 cost-plus-fixed-fee modification to a previously awarded F-35 Lightning II low rate initial production Lot 11 contract (N00019-16-C-00033). This modification authorizes the procurement of diminishing manufacturing sources redesign activities in support of the F-35 Lightning II air system. Work will be performed in Fort Worth and is expected to be completed in January 2024. Fiscal 2016 aircraft procurement (Air Force); fiscal 2018 aircraft procurement (Navy and Marine Corps); and international partner funds in the amount of $171,705,115 are being obligated at time of award, $68,654,573 of which will expire at the end of the current fiscal year. This modification combines purchases for the Air Force ($68,654,573; 39.99 percent); Navy ($34,327,287; 19.99 percent); Marine Corps ($34,327,287; 19.99 percent); and international partners ($34,395,968; 20.03 percent). The Naval Air Systems Command, Patuxent River, Md., is the contracting activity. (Source: DoD, 07/31/18) Gulf Coast note: Eglin Air Force Base, Fla., is home of the F-35 integrated training center.